“You raised some money. How big is the new fund? Yeah. So we just raised 50 million bucks.”
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Said on TBPN
WSJ What’s News · What’s News in Markets: CoreWeave Selloff, Apple Milestone, Borrowing Boom
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raised the minimum investment for some new accounts from $1 million to $10 million to throttle growth of margin-loan balances
$1 million → $10 million
“You raised some money. How big is the new fund? Yeah. So we just raised 50 million bucks.”
“He just raised $10 million for a new startup ... Cal AI blew up ... pulled in over $30 million in annual revenue in under two years”
“We're looking at something like $8 million, $10 million of annual growth of revenue by adding one of those specialty providers”
“We raised $50 million on a $750 valuation… we are going to invest heavily in AI… design cycles go down from 12 months to 12 weeks to 12 hours”
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